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The political economy of peacebuilding: a critical theory perspective
Michael Pugh
Copyright International Journal of Peace Studies, vol.10, no.2, autumn/winter
2005, pp.23-42
______________________________________________________
The ideology of the liberal peace has propelled the political economies of war-torn
societies into a scheme of global convergence towards “market liberalisation”. This
orthodoxy was an uncontestable assumption underlying external economic assistance.
However, the project faltered under its inherent contradictions and because it ignored
the socio-economic problems confronting war-torn societies, even aggravating them
by increasing the vulnerability of populations to poverty and shadow economic
activity. Although revisionists have embarked on a mission to boost the UN’s
peacebuilding capacity and also rescue the Millennium Development Goals, the basic
assumptions of the liberal peace are not challenged and potential alternatives are
overlooked.
_______________________________________________________
How far are external agencies dictating the pattern of economic transformation in
societies emerging from conflict? From current practice in a variety of situations, and
from proposed reforms to peacebuilding and development, the answer seems to be:
“as far as the eye can see!” The hubris of peacebuilders keys the political economy of
war-torn societies into a map captioned “the liberal peace project” that, in its
economic dimension, requires convergence towards “market liberalisation.” This
became an aggressively promoted orthodoxy, with variations, derived from the late
1990s Washington consensus on the logically correct path of development for
undeveloped states. Perhaps not treated as a high priority in stabilising peace per se
(the vanguard of which has been allocated to fostering security, rule of law and
democratic forms), neoliberal economic policies we
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